BorderPlus Raises $7 Million to Expand Global Talent Mobility

BorderPlus, a cross-border workforce mobility startup co-founded by Mayank Kumar and Ayush Mathur, has secured $7 million in its first institutional funding round led by Owl Ventures, with participation from notable investors including Binny Bansal and Ritesh Agarwal. The startup aims to address the global shortage of skilled workers, particularly in the healthcare sector, by providing a comprehensive service model that includes language training, visa processing, job placements, and cultural integration. Initially focused on training nurses for placement in Germany, BorderPlus plans to expand into other sectors such as hospitality and construction while targeting additional markets in the US, UK, and beyond. The company has a unique revenue model that charges recruiters instead of workers, with a goal of achieving significant revenue growth by FY27. This funding will enhance their platform capabilities and support strategic partnerships and potential mergers. As the global workforce landscape evolves, BorderPlus is positioning itself to meet the growing demand for skilled labor from countries facing demographic challenges.